Sensex Today Ends 374 Points Higher | Nifty Above 24,600 | Navin Fluorine Up 13%

Closing

Although the benchmark indices opened higher, they traded positive throughout the session and ultimately closed green.

Indian equity benchmarks indices, Sensex and Nifty50 advanced as oil prices declined and as gains in chemical and PSU Bank shares supported.

At the closing bell, the BSE Sensex  closed 374 points higher (up 0.4%)

Meanwhile, the NSE Nifty closed 11 points higher (up 0.1%)

You can also visit our live blog section for real-time updates and deeper insights into the market.

ICICI Bank, Bharat Elec, Eternal are the top gainers today.

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TCS, NTPC, M&M on the other hand, were among the top losers today.

The GIFT Nifty was trading at 24,747 with 112 points higher at the time of writing.

The BSE 150 Midcap index is trading 0.01% higher and the BSE 250 SmallCap index is trading 0.2% higher.

Sectoral indices were trading mixed today with telecommunication sector and metal sector witnessed selling pressure. Meanwhile, stocks oil & gas and banking witnessed buying.

Now track the biggest movers of the stock market using stocks to watch today section. This should help you keep updated with the latest developments...

The rupee is trading at Rs 95.2 against the US$.

Gold prices for the latest contract on MCX are trading 0.9% higher at Rs 1,49,828 per 10 grams.

Meanwhile, silver prices were trading 0.1% lower at 2,27,423 per 1 kg.

Speaking of stock markets, Rahul Shah, Research Analyst at Equitymaster, highlights the risks of rising valuations as investor money continues to flow into popular stocks and index funds.

He emphasizes that while passive investing is effective, investors should not ignore valuations, as even great assets can become poor investments when bought at excessive prices.

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Watch the video below to know more.

Berger Paints Q1 Results

Shares of Berger Paints came into focus after the company reported its Q1 FY27 results.

Berger Paints reported a 21% year-on-year increase in consolidated net profit for the quarter ended June. The company's net profit rose to Rs 4.04 billion in Q1FY27.

Revenue grew 12.1% year-on-year to Rs 35.84 billion during the June quarter. Meanwhile, EBITDA increased 15% to Rs 6.07 billion, with the operating margin remaining steady at 17%.

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PB Fintech Q1 Results

Shares of PB Fintech came into focus after the company reported its Q1 FY27 results.

PB Fintech reported a 92.4% year-on-year increase in consolidated net profit for the quarter ended June. The company's net profit rose to Rs 1.63 billion in Q1FY27 from Rs 0.85 billion in the corresponding period last year.

Revenue grew 40.1% year-on-year to Rs 18.88 billion, compared with Rs 13.48 billion in the same quarter last year.

Meanwhile, EBITDA increased to Rs 1.39 billion from Rs 0.34 billion a year ago, with the EBITDA margin improving to 7.37% from 2.54%.

Cummins India Q1 Results

Shares of Cummins India came into focus after the company reported its Q1 FY27 results.

Cummins India reported a 0.9% year-on-year increase in consolidated profit after tax (PAT) to Rs 6.09 billion in Q1 FY27, although it declined 6.2% sequentially.

Net sales rose 17.9% YoY and 13.8% quarter-on-quarter (QoQ) to Rs 34.26 billion in the June quarter, while total income increased 17.2% YoY and 12.9% QoQ to Rs 35.63 billion.

Meanwhile, total expenditure climbed 22.8% YoY and 18.3% QoQ to Rs 28.62 billion. Raw material costs increased 17.9% YoY to Rs 20.94 billion, employee expenses rose 16.9% YoY to Rs 2.33 billion, interest costs jumped 47.2% YoY to Rs 0.04 billion, and depreciation increased 9.7% YoY to Rs 0.53 billion.

Cummins India manufactures power generation systems, engines, and related components, catering to both domestic and export markets through its power generation, aftermarket, and export businesses.

To know what's moving the Indian stock markets today check out the most recent share market updates here.

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Sensex Today Trades Higher | Nifty Above 24,641 | Eternal & Titan Among Top Gainers

10:30 am

Asian markets traded on a mixed note on Thursday, mirroring the overnight performance on Wall Street, where the Dow Jones advanced while the S&P 500 and Nasdaq Composite ended lower.

Wall Street futures traded mixed after the Dow Jones Industrial Average ended at a record high, with investors shifting their attention to the next batch of corporate earnings.

Here's a table showing how US stocks performed on Wednesday:

Stock/Index	LTP	Change ($)	Change (%)	Day High	Day Low	52-Week High	52-Week Low
Alphabet	360.13	-15.22	-4.05%	381.81	355.16	404.44	194.47
Apple	311.00	1.62	0.52%	311.71	305.67	344.57	205.59
Meta	588.77	0.83	0.14%	601.00	580.12	796.25	520.26
Tesla	321.55	-5.80	-1.77%	327.14	320.28	498.82	297.38
Netflix	74.20	0.63	0.86%	75.30	73.16	126.71	65.10
Amazon	272.65	-4.77	-1.72%	282.79	270.73	287.16	196.00
Microsoft	487.46	-5.35	-1.09%	498.24	485.68	553.72	349.20
Dow Jones	54349.12	263.24	0.49%	54744.33	54266.12	54744.33	43799.20
Nasdaq	29487.79	-245.37	-0.83%	29946.94	29468.33	30762.20	22841.42

Source: Equitymaster

At present, the BSE Sensex is trading 17 points higher, and NSE Nifty is trading 16 points higher.

You can also visit our live blog section for real-time updates and deeper insights into the market.

Eternal, Titan and Cipla among the top gainers today.

Power Grid Corporation, Hindalco and NTPC on the other hand is among the top losers today.

For a comprehensive overview of key players in the financial sector, check out list of Fin Nifty Companies.

For impact of the Bank Nifty companies and comprehensive overview of the index, check out Equitymaster's Bank Nifty Companies list.

The BSE 150 Midcap index is trading marginally higher and the BSE 250 SmallCap index is trading 0.2% higher.

Sectoral indices are trading mixed today with stocks in power sector and realty sector witnessed selling pressure. Meanwhile, stocks in PSU Bank sector and healthcare sector witnessed buying.

The rupee is trading at Rs 95.13 against the US dollar.

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Now track the biggest movers of the stock market using stocks to watch today section. This should help you keep updated with the latest developments...

Speaking of stock markets, Rahul Shah, Research Analyst at Equitymaster, highlights the risks of rising valuations as investor money continues to flow into popular stocks and index funds.

He emphasizes that while passive investing is effective, investors should not ignore valuations, as even great assets can become poor investments when bought at excessive prices.

Watch the video below to know more.

Biocon Q1FY27 Performance

Shares of Biocon came into focus after the company reported its Q1 FY27 results.

Biocon reported a strong performance for Q1FY27, with consolidated net profit rising more than four times year-on-year, driven by strong growth in biosimilars and generics, improved profitability in the biopharma segment, and lower finance costs following balance sheet strengthening measures.

The Bengaluru-based biopharmaceutical company reported a consolidated net profit of Rs 1.41 billion in Q1FY27, compared with Rs 0.31 bn in the same period last year, registering a growth of 355% YoY.

Revenue from operations increased 10% YoY to Rs 43.36 bn, while EBITDA rose 7% to Rs 9.02 bn.

The growth was led by the biopharma segment, where revenue increased 17% YoY to Rs 36.15 bn. Biosimilars revenue grew 16% YoY to Rs 28.55 bn, supported by continued momentum across key markets. Generics revenue increased 21% YoY to Rs 7.60 bn, driven by new product launches and business growth.

Improved profitability in the biopharma business and reduced finance costs helped Biocon deliver a significant improvement in earnings during the quarter.

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Navin Fluorine Q1 FY27 Performance

Shares of Navin Fluorine came into focus after the company reported its Q1 FY27 results.

Navin Fluorine International, one of India's leading speciality fluorochemicals manufacturers, reported a strong performance in Q1FY27, with consolidated net profit more than doubling year-on-year, supported by robust revenue growth and improved operating performance.

The company reported a consolidated net profit of Rs 2.43 bn for the June quarter, up 108% YoY from Rs 1.17 bn in the same quarter last year. On a sequential basis, profit increased 14.4% from Rs 2.13 bn reported in the March quarter.

Revenue from operations rose 44.1% YoY to Rs 10.45 bn from Rs 7.25 bn, while it increased 11.5% QoQ from Rs 9.38 bn, driven by strong business momentum.

Including other income, total revenue stood at Rs 10.80 bn compared with Rs 7.39 bn in the previous year and Rs 9.55 bn in the preceding quarter.

At the operating level, EBITDA increased 72% YoY to Rs 3.57 bn from Rs 2.07 bn, while it grew 11.2% QoQ from Rs 3.21 bn. EBITDA margin expanded by 566 basis points YoY to 34.2%, reflecting improved operational efficiency.

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Aurobindo Pharma Q1 FY27 Performance

Shares of Aurobindo Pharma came into focus after the company reported its Q1 FY27 results.

Aurobindo Pharma reported a strong performance for Q1FY27, with consolidated net profit increasing 25.2% year-on-year, supported by double-digit growth across key markets, improved operating performance, and new product launches in the US.

The company reported a consolidated net profit of Rs 10.32 bn in Q1FY27, compared with Rs 8.24 bn in the same quarter last year. Revenue from operations increased 16.3% YoY to a record Rs 91.50 bn, making it the company's highest-ever quarterly revenue.

Operating EBITDA, excluding forex impact and other income, rose 20% YoY to Rs 19.24 bn, while EBITDA margin expanded by 60 basis points to 21%.

Growth was driven by strong performance across major markets, with Europe revenue increasing 25.6% YoY to Rs 29.37 bn, Growth Markets revenue rising 37.7% YoY to Rs 10.63 bn, and US business revenue growing 8.1% YoY to Rs 37.70 bn, supported by volume growth and new product launches. Improved operational efficiency and strong market demand helped Aurobindo Pharma deliver its highest-ever quarterly revenue and profit.

You can check Indian stock market live updates daily here.

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SoftBank-Backed of Business Revives IPO Plans | Gold & Silver Extend Gains | Top Buzzing Stocks Today

Pre-Open

The Indian stock market closed higher on Wednesday with Sensex and Nifty ending the session in the green after recording sharp upswings and downswings amid confusion around the newly introduced closing auction session (CAS).

Sentiment improved after the Reserve Bank of India (RBI) kept the benchmark repo rate unchanged at 5.25% and retained its neutral policy stance, in line with market expectations, providing support to equities.

At the closing bell on Wednesday, the BSE Sensex  closed 152 points higher (up 0.2%).

Meanwhile, the NSE Nifty closed 9 points higher.

Stay updated with real-time market insights, click here to access our Live Blog page.

Hindalco, NTPC and JSW Steel among the top gainers today.

TCS, HCL Tech and Sun Pharma on the other hand, were among the top losers today.

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For impact of the Bank Nifty companies and comprehensive overview of the index, check out Equitymaster's Bank Nifty Companies list.

The BSE 150 Midcap index ended 0.3% higher and the BSE 250 Smallcap index ended 0.7% higher.

Sectoral indices were trading mixed on Wednesday with stocks in metal sector, realty sector and Auto sector witnessing buying speer. Meanwhile stocks in energy and oil & gas sector witnessed selling pressure.

Speaking of stock markets, Rahul Shah, Co-Head of Research at Equitymaster explains how a 140-year-old quote by Lord Kelvin sheds light on the hidden forces driving South Korea's stock market.

While stock prices change every second, the most important factor influencing long-term market performance is often the one that isn't measured. Watch the video to discover what investors may be overlooking and why it matters.

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Top buzzing stocks today

Ola Electric Mobility share price will be in focus today.

Shares of Ola Electric surged over 10% to an intraday high of Rs 42.55 on BSE.

One of the key reasons behind the rally in Ola Electric shares is the company's latest move into the utility-scale battery energy storage market.

On 5 August, Ola Electric announced that it has signed a Memorandum of Understanding (MoU) with Axis Energy to explore the deployment of up to 20 GWh of battery energy storage systems (BESS) by 2032.

Sterlite Technologies shares will also be a top buzzing stock.

Shares of Sterlite Technologies Ltd (STL) hit the 5% upper circuit on Wednesday, extending their winning streak to a fifth consecutive session, amid optimism over reports that the US is planning restrictions on imports of certain Chinese data centre components.

According to a Reuters report, the Trump administration is drafting measures to ban imports of new models of Chinese data centre components as part of its efforts to secure infrastructure supporting the rapid growth of artificial intelligence (AI).

Gold & Silver Extend Gains

Gold and silver prices extended gains on the MCX for a second straight session on Wednesday as oil prices fell for a third consecutive day, easing inflation concerns. Investors now await upcoming U.S. jobs data for fresh cues on the Federal Reserve's interest rate trajectory.

In the domestic market, MCX silver futures for September 2026 delivery were up Rs 3,495 at Rs 2,25,110 per kg. Gold futures for October 2026 delivery gained by Rs 1,378 to Rs 1,45,677 per 10 grams. With today's increase, the two are up by Rs 8,400 (4%) and Rs 3,000 (3%) in two sessions.

SoftBank-Backed OfBusiness Revives IPO Plans

OFB Tech Pvt Ltd, the parent company of B2B commerce and financing platform OfBusiness, is reviving its plans to go public and could raise up to US$800 million through an initial public offering (IPO), according to people familiar with the matter.

The company has reportedly appointed Axis Capital, Morgan Stanley, JPMorgan Chase, and Citigroup as advisors for the proposed offering. It is aiming to file its draft red herring prospectus (DRHP) as early as November, subject to market conditions.

OfBusiness had previously explored an IPO but shelved the plan due to unfavourable market conditions. Under the revived proposal, the issue is expected to comprise a fresh issue of up to US$200 million, while the remaining amount will come through an offer for sale (OFS) by existing shareholders.

Apart from SoftBank Group, the company's investors include Tiger Global Management, Norwest Venture Partners, Matrix Partners, and Falcon Edge Capital, highlighting strong backing from global institutional investors.

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Rupee Strengthens

The Indian rupee strengthened by 26 paise to close at 95.12 against the US dollar on Wednesday, compared to its previous close of 95.38, after the Reserve Bank of India (RBI) kept the benchmark repo rate unchanged at 5.25%.

The currency also drew support from declining crude oil prices, following signs of progress in US-Iran negotiations, which helped ease concerns over India's import bill.

According to analysts, the RBI's decision to maintain interest rates has supported the rupee by helping prevent capital outflows that could arise from lower returns on Indian assets. The stable policy stance also provides a degree of certainty at a time of geopolitical tensions and volatile global commodity prices.

The RBI's Monetary Policy Committee (MPC) retained both the repo rate at 5.25% and its neutral policy stance, in line with market expectations.

Despite Wednesday's recovery, the rupee has remained under pressure for much of 2026, trading largely in the 95-96 per US dollar range. Once regarded as one of Asia's more stable currencies, it has been among the weaker-performing emerging market currencies this year.

To know what's moving the Indian stock markets today, check out the most recent share market updates here